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Buildings Finance Fund Launches 1136 Units in New Obour, El Wadi El Gedid

El-Gazzar notes that the fund is executing 32 buildings in the extension of the Second District in Obour City, including 616 units.

El-Sisi Encourages Private Sector to Participate in Black Sand projects

El-Sisi adds that the feasibility studies proved sufficient black sand reserves and global demand for the extracted metals.

Minister of Housing Meets Tunisian Counterpart to Showcase Egyptian Experiment

Essam El-Gazzar, Minister of Housing, Utilities, and Urban Communities, holds a meeting with a Tunisian delegation led by Sarra Zaafrani, Minister of Public Works and Housing, to showcase Egypt’s achievements in various housing projects, new cities, and development of unsafe districts, Invest-Gate reports.

Dahab Development Sells 70% of Offered Phases in Iconic Trinity Complex Project

Dahab Development sells 70% of the first and second phase of the Iconic Trinity Complex (ITC) project in New Administrative Capital in 5 months, in cooperation with the project’s marketing and sales advisor IDEA Group, Invest-Gate reports.

Global Wins Housing Ministry’s Bid for EGP 350 mn Project

Global signs an agreement with the Ministry of Housing, Utilities, and Urban Communities for the construction of 44 housing buildings including 1,056 in New Obour City with a total investment cost of over EGP 350 mn, Invest-Gate reports.

MNHD Signs EGP 35 mn Construction Agreement with DMC to Construct 13 buildings in Lake Park

The project is set to be delivered in 18 months and DMC will be in charge of the construction of the 13 buildings in Lake Park, mechanical, electrical, and plumbing work, and the facades.

Arabisk Development Offers 3 Projects with Guaranteed Rental Income System in Shorouk

Arabisk Real Estate Development Corporation introduces three projects in Shorouk city with a guaranteed rental income system in different areas, Invest-Gate reports.

Deputy Housing Minister Participates in 5th Session of Cairo Water Week

Sayed Ismail, Deputy Minister of infrastructure, Ministry of Housing, Utilities, and Urban Communities, participates in the opening session of the Water Investment Forum, which is one of the events of the fifth session of Cairo Water Week, Invest-Gate reports.

SODIC to Sponsor COP27 in November

Sixth of October Development and Investment Company (SODIC) announces sponsoring the United Nations Climate Change Conference (COP27), to be held in the Egyptian city of Sharm El-Sheikh in November 2022, Invest-Gate reports.

Memaar Al Ashraaf Contracts With Etqan to Launch EGP 300 mn Project in New Cairo

Bassem El-Sherbiny, CEO of Etqan Business Development, states that Etqan prepared financial studies and the marketing strategy for the project, in addition to a detailed tender plan.

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